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Forex News
Rally May Stall For Taiwan Stock Market
The Taiwan stock market has moved higher in four straight sessions, improving almost 500 points or 3 percent along the way. The Taiwan Stock Exchange now sits just above the 17,170-point plateau although it may run out of steam on Friday.
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685 days ago
Singapore Shares May Run Out Of Steam On Friday
The Singapore stock market has moved higher in two straight sessions, gathering almost 30 points or 0.9 percent along the way. The Straits Times Index now sits just above the 3,130-point plateau although the rally may stall on Friday.
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685 days ago
Malaysia Stock Market May Be Stuck In Neutral On Friday
The Malaysia stock market on Thursday snapped the two-day winning streak in which it had advanced more than 20 points or 1.4 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,465-point plateau and it may tick lower again on Friday.
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685 days ago
South Korea Shares Tipped To Remain Rangebound
The South Korea stock market has moved higher in three straight sessions, jumping more than 80 points or 3.3 percent along the way. The KOSPI now sits just beneath the 2,490-point plateau and it's likely to remain in that neighborhood again on Friday.
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685 days ago
Malaysia GDP Data Due On Friday
Malaysia will on Friday release Q3 figures for gross domestic product, highlighting a light day for Asia-Pacific economic activity.
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685 days ago
TSX Snaps 5-day Winning Streak, Settle Slightly Down
The Canadian market ended flat on Thursday after moving in a tight band in cautious trade amid lingering concerns about global economic slowdown.
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685 days ago
Dollar Loses Ground On Weak Economic Data
The U.S. dollar traded weak against most of its major counterparts on Thursday with traders reacting to the latest batch of economic data.
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685 days ago
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Swiss Market Ends Moderately Lower
The Switzerland stock market ended on a weak note on Thursday, in line with the largely negative trend across Europe, as worries about global economic slowdown and some none too encouraging earnings updates from U.S. companies rendered the mood a bit bearish.
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685 days ago
European Stocks Close Lower On Growth Worries
European stocks closed broadly lower on Thursday with disappointing earnings from some European and U.S. companies, and concerns about global economic slowdown after weak data from China and Japan, weighing on sentiment.
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685 days ago
Canadian Market Modestly Lower At Noon; Energy Stocks Fall
The Canadian market is down in negative territory a little past noon on Thursday with stocks from energy and healthcare sectors recording losses.
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685 days ago
U.S. Dollar Falls As Initial Jobless Claims Increase More Than Expected
The U.S. dollar depreciated against its major counterparts in the New York session on Thursday, as an increase in weekly jobless claims last week bolstered hopes that the Federal Reserve has reached the end of its tightening cycle.
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685 days ago
U.S. Homebuilder Confidence Unexpectedly Slumps To 11-Month Low In November
With mortgage rates approaching 8 percent earlier this month, the National Association of Home Builders released a report on Thursday unexpectedly showing a continued deterioration in U.S. homebuilder confidence in the month of November. The report said the NAHB/Wells Fargo Housing Market Index slumped to 34 in November from 40 in October.
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685 days ago
U.S. Industrial Production Drops More Than Expected Amid Auto Strikes
Partly reflecting the strikes at several major motor vehicle manufacturers, the Federal Reserve released a report on Thursday showing industrial production in the U.S. fell by much more than expected in the month of October. The Fed said industrial production slid by 0.6 percent in October after inching up by a downwardly revised 0.1 percent in September.
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685 days ago
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